Markets

Blockchain platform Point Pay is creating a new project it’s calling “Launched Solutions to Navigate the Cryptocurrency Market Turbulence.” Point Pay Is Working Hard to Solve Crypto Trouble The goal is to ensure that customers have what they need to deal with the ongoing volatility and speculation of the crypto space, which has been occurring since the beginning of the year. There is no doubt that crypto, in many ways, is failing miserably, and the entire arena appears...

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Maren Altman – a crypto astrologist – is taking a lot of flak as of late for her past support of Celsius, a doomed digital currency lending network that ultimately entered bankruptcy proceedings last summer. Celsius Continues to Draw Angry Crowds Celsius has taken on a new form in recent days. What was once a highly respected and loved digital currency platform has practically become a curse for many traders, some of which plunked their life savings into the lending...

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INTERNET CITY, DUBAI, Nov.4, 2022 – LBank Exchange, a global digital asset trading platform, has listed LAPA Project (LAPA) on November 4, 2022. For all users of LBank Exchange, the LAPA/USDT trading pair is now officially available for trading. Utilizing the power of blockchain technology, LAPA Project (LAPA) changes the $1 trillion market for E-commerce through its borderless and fee-free marketplace that facilitates the sales and distribution of products and services...

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Coinbase CEO Brian Armstrong argued on Tuesday that his exchange isn’t vulnerable to the sort of fallout suffered by FTX this week.  He said the “event” surrounding FTX appears to stem from risky business practices that Coinbase does not engage in.  Coinbase’s Business Model Armstrong began by expressing sympathy for everyone involved in the FTX situation – particularly those customers who have potentially lost funds. Early on Tuesday, FTX appeared to have stopped processing...

Bitcoin mining giant Riot Blockchain posted a net loss of $36.6 million. The Colorado-based company generated a revenue of $46.3 million – down by 28% from the previously estimated $54.2 million. The rising energy costs have adversely affected many Bitcoin miners. However, Riot’s CEO believes that the company was able to leverage its long-term fixed-rate power contract to generate significant power credits and reduce its operating costs. Revenue Misses Average Estimates The...